MNI: PBOC Net Injects CNY33 Bln via OMO Tuesday

MNI (BEIJING) - The People's Bank of China (PBOC) conducted CNY33 billion via 7-day reverse repos, with the rate unchanged at 1.50%. The operation led to a net injection of CNY33 billion as no reverse repos mature today, according to Wind Information.
 

• The seven-day weighted average interbank repo rate for depository institutions (DR007) fell to 1.6429% at 09:35 am local time from the close of 1.8038% on Monday.
• The CFETS-NEX money-market sentiment index, measuring interbank money-market liquidity, closed at 54 on Monday, compared with the close of 46 on Saturday. A higher reading points to tighter liquidity condition, with 50 representing an equilibrium.